Business News from October 2015

October 29 - October 29 - Texas headquartered Big B Crane & Rigging has purchased a new 285-ton (260-tonne) lift capacity Terex HC 285 lattice boom crawler crane - the highest capacity crane in its fleet and the first of its kind operating in the USA.

October 27 - October 27 - A delegation of petrochemical and shipping experts from the port of Antwerp has visited Iran to meet various ministries, petrochemical organisations and private companies to seek ways to re-open the doors of Iran for the Antwerp port communit

October 23 - October 23 - The American Association of Port Authorities (AAPA) is encouraged to see new freight provisions contained in the Surface Transportation Reauthorization & Reform Act of 2015 (STRR), which was introduced and approved this week.

October 20 - October 20 - Panalpina achieved a stable consolidated profit of CHF69.3 million (USD72.8 million) in the first nine months of 2015, which represents a 9.5 percent increase compared with the same period of 2014.

October 20 - October 20 - The American Association of Port Authorities (AAPA) has applauded U.S. Department of Transportation (U.S. DOT) secretary Anthony Foxx for releasing the Draft National Freight Strategic Plan.

October 20 - October 20 - Crowley Maritime Corporation's liner services group has signed a letter of intent to acquire Miami based SeaFreight Agencies, a liner and logistics company that serves the Caribbean and parts of Central America.

October 19 - October 19 - According to the Islamic Republic of Iran Shipping Lines (IRISL), Iran is planning a fleet expansion programme comprising 579,000 teu of containerships, 2 million dwt of dry bulk vessels and 1.6 million dwt of tankers - all of which are sched

October 12 - October 12 - Seattle's deputy hearing examiner, Anne Watanabe, has ruled against the city's Department of Planning and Development's land use code interpretation on the Port of Seattle's use of Terminal 5 for an offshore oil drilling rig, giving Foss Mari

October 8 - October 8 - The TT Club has published its mid-year update for the January 1 - August 31, 2015 trading period, reporting USD116 million in gross premiums earned and total assets of USD492.8 million.

October 6 - October 6 - Cargolux is targeting heavy and outsize cargo as a likely significant traffic for a planned new joint venture Chinese international all-cargo airline it is now close to setting up, writes HLPFI correspondent, Phil Hastings.

October 5 - October 5 - MeteoGroup, one of the world's leading weather forecasting companies, has teamed-up with Veson Nautical - a provider of maritime software and services - to simplify reporting aboard vessels and communications with onshore operations.